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Stocks open higher on both bourses

FE Online Report | Published: August 20, 2019 11:44:29 | Updated: August 22, 2019 12:15:40


Investors react while monitoring stock price movements on computer screens at a brockerage house in the capital city — FE/Files

The prices of most of the shares on both bourses witnessed an upward trend in early hour of trading on Tuesday as investors continued their buying appetite on sector-wise issues.

Following the previous day’s modest gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note with low trading activities.

Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 25 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 30 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 31 points while the CASPI of Chattogram bourse gained 38 points at 11:00am when the report was filed.

The DSEX went up by 31.02 points or 0.53 per cent to stand at 5,258 points at 11:00am.

The DS30 index, comprising blue chips advanced 7.60 points to 1854 points while the DSE Shariah Index (DSES) gained 7.54 points to stand at 1,210 points till then.

Turnover, the important indicator of the market, stood at Tk 1.05 billion when the report was filed.

Of the issues traded till then, 208 advanced, 47 declined, and 58 remained unchanged.

United Power was the most traded stocks till filing of this report with shares worth Tk 96 million changing hands, followed by Monno Stafflers, Khulna Power Company, Monno Ceramic and Saiham Cotton Mills.

The Chittagong Stock Exchange also saw a positive trend till then with the CASPI gaining 38 points to stand at 16,037 points, also at 11:00am.

The Selective Category Index (CSCX) also rose 21 points to stand at 9,740 points till then.

Of the issues traded till then, 81 advanced, 24 declined 17 remained unchanged with Tk 30 million in turnover.

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